Ever wondered which are the richest countries? Well here is number 1. #pensions #ukpensions #pensiontransfer #retiringabroad #IN
09 Sunday Dec 2012
If wealth is power, then Qataris have some serious muscle to flex. The Persian Gulf emirate of 1.7 million people ranks as the world’s richest country per capita thanks to a rebound in oil prices and its massive natural gas reserves. Adjusted for purchasing power, Qatar booked an estimated gross domestic product per capita of more than $88,000 for 2010.
Qatar has the third-largest reserves of natural gas in the world, and it has invested heavily in infrastructure to liquefy and export it, as well as to diversify its economy, without overreaching as much as nearby Dubai. Qatar has lured multinational financial firms to the country, as well as satellite campuses of U.S. universities. The government is pouring money into infrastructure, including a deepwater seaport, an airport and a railway network, all with an eye to making the country a better host for businesses and the 2022 World Cup.